Business & Economy Archives - Page 99 of 225

Fast and Furious Filming in Cuba

For several days, the traditional seaside promenade-avenue of Havana, known as the Malecon, becomes a race track for filming of the eighth film of the Hollywood productions “Fast and Furious”.

Cuban Gov. to Allow Citizens to Travel by Sea

The Castro government announced today it was lifting the longstanding prohibition on anyone born in Cuba from traveling by sea. The measure will allow Cubans to hire out on merchant ships and travel on cruisers. The change takes effect on April 26th.

Cuba Cuts Prices by 20% on Food Products

The Cuban government implemented this Friday a reduction of 20 percent in the price of 70 products, mainly food, in response to the demands of the general population over the insufficient purchasing power of their salaries and pensions.

AirBnB Nicaragua: a Hotel in Your Home

In the last days of March, Roger Boniche attended an extraordinary event in Cuba. The Rolling Stones, one of the most influential bands in the history of Rock, offered a concert in Havana on the heels of President Barack Obama’s visit. The 40-year-old orthodontist didn’t want to miss this event, so he flew to the island to witness it first-hand. While he was enjoying the music of the British rockers, he earned money by renting out his house through AirBnB. He posted an ad on the site, and the company did the rest for him.

Panama Papers: World Leaders & Rich Criminals Exposed (Video)

The revelations implicate 12 heads of state and a number of other politicians, their family members and close associates, including friends of Russian President Vladimir Putin, relatives of the prime ministers of Britain, Iceland and Pakistan, and the president of Ukraine.

Private Entrepreneurship & Cuba’s Credit Policy

The Cuban government must provide a viable credit policy for its low-earning population if it wishes to successfully bridge the economic transition period to relieve the state apparatus and create more self-employment within the country.

Google Strikes Deal with Cuba

What would have been unthinkable a couple of years ago is now becoming a reality. Google has been reported to be setting up shop in Cuba. And what could this imply to the Cuban people? The Holy Grail: cheap and fast Internet.

Obama Meets with US Executives and Self-employed Cubans in Havana

US president Barack Obama met on Monday afternoon with US business people and “self-employed” Cubans in Havana, as part of his historic trip to the island run by Raul Castro and the Cuban Communist Party.

Where the Obama’s had Dinner on their First Night in Cuba

The restaurant chosen by the Obamas for their first dinner on the island is called “San Cristobal” and is located in Central Havana, a neighborhood of narrow streets and colonial buildings, some of them badly damaged.

Starwood Signs to Administer Hotels in Cuba

Starwood will manage the emblematic Hotel Inglaterra in Old Havana and the Hotel Fifth Avenue in the Miramar. The company based in the state of New York also signed a “letter of intent” to run the Hotel Santa Isabel, located in the historic city center.